Chinese government supports technology and companies withover USD 150 billion until 2010
Helmut Kaiser Consultancy (www.hkc22.com) provides businesssummary
Companies become partners of the Chinese government
28. 8. 2002 - The government is supporting the new growthmarkets in China with over USD 150 billion. Markets are boomingwith high growth rates, newly launched companies and jointventures from Europe and the US. China is aiming to become themarket leader in various sectors in Asia, includingbiotechnology, stem cells and genetics, and take third placeworldwide. In a few years, the home market will be one of theworld's largest in the environmental, regenerative-energy andwater sectors. China is developing towards world standards andno one of any standing can afford not to be represented there. Biotechnology is growing by over 20% and 200 companies arelisted on the stock exchange. The environment and water sectorsare developing by over 15% and 50 companies are listed on thestock exchange. In addition, 200 companies are on the waitinglist. The regenerative-energy sector is growing by 17.5%, with120 companies. The markets overall account for over USD 40billion for 2002 and will run to over USD 75 billion in 2006. Thewhole life science sector will be supported with more than USD50 billion and environmental industry with more than USD 100billion. Like no other country at present, China is on the move- with 'China first', the newly elected government will beintroducing further measures to promote industry and the stockmarket during the autumn. Such measures will achievetechnological advances and not simply employ former methods fromthe 'old' world.
The Helmut Kaiser Consultancy in Tübingen (www.hkc22.com)provides summaries on environmental technology, biotechnologyand regenerative energy with 100 pages each on the markets,technology, competition and forecasts for EUR 200 each, plusVAT. From this sum, EUR 50 will go directly to flood victims inChina. The summaries are intended for investors, banks,companies and organizations. Helmut Kaiser Management Consultancy in Tübingen, Tel: 07071-67001
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